Icm-cap.com
Analysis
Icm-cap.com, a relatively new website, was found to be operating an investment scam. The discovery was made when the site was just 145 days old. Oddly, no customer service phone number is provided on the site. Furthermore, the company claims to operate in a certain state, but there’s no registration record to back this up. Adding to the suspicion, the company has zero presence on social media platforms.
An investment scam is a fraudulent scheme where individuals are tricked into placing money into a fake investment. The scammer usually promises high returns with little to no risk. However, the money is never actually invested and is instead used by the scammer for personal gain.
Red Flags
Fake business name
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a scheme to defraud investors. Scammers lure victims with promises of high returns and minimal risk. They often use persuasive language and sophisticated tactics to appear legitimate.
Commonly, these scams involve unregistered securities. These are investment products not registered with regulatory authorities. Scammers claim these offer better returns than traditional investments.
Ponzi schemes are a type of investment scam. Here, returns for older investors are paid with money from new investors. The scam collapses when there's not enough new money coming in.
Scammers use high-pressure sales tactics. They urge potential victims to invest quickly to avoid missing out. They may also use fake testimonials to add credibility.
Latest investigations
Forex scam
Pepperstonecfd.com
Pepperstonecfd.com, a website that’s only been active for 121 days, is reportedly running a forex scam. The customer service numbers listed on their site don’t seem to work, and the physical address they’ve provided doesn’t correspond to any known business. Despite claiming to be legally established in a certain state, there’s no evidence to support […]
Investment scams
Startpackfx.com
Startpackfx.com has been flagged as a fraudulent investment scheme. The enticing promise of high returns on your investment is made, but once you’ve invested, the fraudsters abscond with your money. Our investigation revealed several incomplete pages on the site, populated with generic content and placeholder text. At the point of discovery, the website was a […]
Crypto scams
Empireglobalwealth.site
Empireglobalwealth.site, a suspicious entity, appears to be orchestrating a crypto exchange scam. The red flags were raised just 28 days after the website’s inception. A glaring omission on the website is the lack of a customer service phone number. The promises made by the website of high returns on investments are hollow; they simply take […]
Investment scams
Renuktech.com
Renuktech.com, a newly established website, has received numerous complaints from consumers who have fallen victim to its investment scheme. Apparently, the enticing promise of high returns on investments is nothing but a trap. Once an individual invests, the fraudsters behind the site pocket the money and disappear. Unfortunately, this website doesn’t have any social media […]
Crypto scams
Blissparadoxx.com
Blissparadoxx.com, a recently established website, has been revealed as a fraudulent cryptocurrency operation. With its existence spanning only 78 days at the time of discovery, the site was reported for indulging in deceptive practices. It was found that the reviews showcased on the website were nothing more than a farce, fabricated by non-existing individuals. Strikingly, […]
© 2022 Marketing Space LLC - All Rights Reserved